Overview
What is Friends Of The Katy Trail Inc?
Friends of the Katy Trail Inc is a nonprofit organization based in Dallas, Texas, specifically at 3102 Maple Avenue 230. Their mission is to maintain, enhance, and advocate for the Katy Trail, a cherished urban green space in the city of Dallas. The organization raises funds for various purposes, such as landscape maintenance, lighting, private security, continued improvements, and more, ensuring the trail remains a premier destination for recreation, wellness, and alternative transportation. With a team of 12 dedicated individuals, they strive to support and maintain the trail's appeal, attracting approximately 2 million visitors in 2022 alone.
Official website here: www.katytraildallas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Friends of the Katy Trail Inc has received a commendable rating of 88% from Charity Navigator, indicating a solid performance in the area of accountability and finance. The organization's score is primarily derived from its robust practices, with a perfect score in several critical areas, including independent board membership and financial oversight.
Strengths of the organization include a fully independent board and effective policies for financial accountability, such as a thorough audit and oversight committee. The charity demonstrates a high program expense ratio of 87.10%, suggesting that a significant portion of its resources is allocated towards its mission-related activities. This indicates a strong commitment to its operational goals and community impact.
However, the organization does have some limitations, notably the absence of a whistleblower policy and a document retention and destruction policy, which could raise concerns about transparency and governance practices. Despite these gaps, the overall financial health and management practices reflect positively on Friends of the Katy Trail Inc.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of The Katy Trail Inc?
88% of 657 reviewers on Facebook recommend Friends Of The Katy Trail Inc. Here is a summary of their reviews:
Many users appreciate the nonprofit for creating an excellent path for running, biking, and walking, highlighting its suitability for fitness activities in a pleasant urban environment. Although some reviewers mention that it may not be considered a "real trail," they still find value in the well-maintained path that promotes health and recreation.
Overall, the sentiment surrounding Friends Of The Katy Trail Inc is positive, with individuals expressing satisfaction with the safe and inviting atmosphere created for outdoor enthusiasts. The organization appears to deliver on its promise of providing an accessible space for fitness activities within the community.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of The Katy Trail Inc legitimate?
Friends Of The Katy Trail Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Katy Trail Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $165,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,965
For more financial information, click here
Official website here: www.katytraildallas.org
What is the mission statement of Friends Of The Katy Trail Inc?
The mission of Friends of the Katy Trail Inc is to uphold, improve, and advocate for the Katy Trail as a premier trail for recreation, wellness, and alternative transportation. They work towards maintaining, enhancing, and advocating for the trail to provide an exceptional urban greenspace for the community. Friends of the Katy Trail raises funds for landscape maintenance, lighting, private security, continued improvements, and other amenities on the trail, aiming to make it a cherished destination for 2 million trail visits every year.
Official website here: www.katytraildallas.org
Who is the CEO of Friends Of The Katy Trail Inc?
Amy Bean is the President of Friends Of The Katy Trail Inc.
Official website here: www.katytraildallas.org
What is the revenue of Friends Of The Katy Trail Inc?
Friends Of The Katy Trail Inc's revenue in 2022 was $1,611,070.
Official website here: www.katytraildallas.org
Who are the executives of Friends Of The Katy Trail Inc and what are their salaries?
The average compensation at Friends Of The Katy Trail Inc during 2022 was $42,605. There are 12 employees and 175 volunteers at Friends Of The Katy Trail Inc.
Here are 31 key members and their salaries:
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Official website here: www.katytraildallas.org
Where can I find the form 990 for Friends Of The Katy Trail Inc?
Friends Of The Katy Trail Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.katytraildallas.org
Learn more at the official website: www.katytraildallas.org
Mission Statement of Friends Of The Katy Trail Inc
Friends of the Katy Trail Inc, a dedicated nonprofit organization, strives to maintain, enhance, and advocate for the Katy Trail as a premier trail for recreation, wellness, and alternative transportation within a city. Their mission is centered around preserving and improving the Katy Trail as a beloved urban greenspace, making it an attractive destination for residents and visitors alike who seek leisure activities, fitness, and sustainable commuting options.
In pursuit of this mission, Friends of the Katy Trail Inc takes care of the trail's maintenance, landscaping, and continuous improvements. They raise funds for various essential amenities such as lighting, private security, and additional features to ensure the trail remains safe, well-maintained, and enjoyable for all users. Their efforts have resulted in the Katy Trail garnering over two million trail visits in 2022 alone, underscoring the organization's success in enhancing the trail's appeal and utility.
By maintaining, enhancing, and advocating for the Katy Trail, Friends of the Katy Trail Inc plays a crucial role in promoting active lifestyles, fostering community engagement, and providing an alternative mode of transportation within the city. Their tireless work ensures that the Katy Trail remains a treasured urban greenspace, enhancing the quality of life for city residents and visitors alike.
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Impact
June, 2024
Friends Of The Katy Trail Inc plays a significant role in maintaining, enhancing, and advocating for the Katy Trail as the premier recreational, wellness, and alternative transportation trail in the city of Dallas. The organization diligently raises funds for landscape maintenance, lighting, private security, and continuous improvements on the trail, ensuring it remains a treasured urban greenspace for the community. With over 2 million trail visits in 2022 alone, Friends Of The Katy Trail Inc's impact is evident in providing a valuable outdoor space for residents and visitors to enjoy, promoting physical activity, and contributing to the overall well-being of the city of Dallas.
This information is meant to be a general summary of Friends Of The Katy Trail Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,787
- Gross Receipts: $1,796,449
Assets and Liabilities:
- Total Assets: $3,675,766
- Total Liabilities: $268,992
- Net Assets: $3,406,774
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Organization Details
Founding Year
1997
Phone
(214) 303-1180Principal Officer
Amy Bean
Main Address
3102 MAPLE AVENUE 230, DALLAS, TX, 75201
Website
www.katytraildallas.orgNTEE Category
Code: C30 - Environment
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